Private Limited Company Registration
173 customers
INR 32075 All Inclusive
Name Approval
Two DSC Registration
Certificate of Incorporation
DIN Registration
Memorandum of Association
Articles of Association
PAN Card Registration
TAN Card Registration
EPF & ESIC registration
Documents Required
Offers and discounts
Refer a Friend-
iProBilling Accounting Platform
Billing, Invoicing, Accounting, and Inventory Management
Introduction
A private limited company is one of the most popular and widely used business structures globally, renowned for its flexibility, limited liability, and scalability. This form of business entity offers numerous advantages to entrepreneurs and businesses, making it an ideal choice for startups, SMEs, and large enterprises alike.
Certificate of Incorporation:
The Certificate of Incorporation is a legal document issued by the Registrar of Companies (ROC) upon successful registration of a private limited company. It serves as conclusive evidence of the company's existence and incorporation under the Companies Act, 2013.
DIN:
Director Identification Number (DIN) is a unique identification number assigned by the Ministry of Corporate Affairs (MCA) to individuals who wish to become directors of companies registered in India. It serves as an identifier for directors and is mandatory for anyone appointed as a director in a company.
Types of Pvt Ltd Company:
- Company Limited by Shares:The most common type of private limited company where the liability of shareholders is limited to the amount unpaid on their shares.
- Company Limited by Guarantee:A company where the liability of members is limited to the amount they agree to contribute in the event of winding up.
- Unlimited Company:A company where the liability of members is unlimited and they are personally liable for the debts and obligations of the company.
Key Features of Private Limited Company:
- Limited Liability:Private limited companies are subject to stringent regulatory compliance requirements, including filing annual returns, maintaining statutory registers, and conducting board meetings.
- Cost of Compliance:Meeting regulatory obligations can incur costs in terms of time, resources, and professional fees, especially for small businesses and startups with limited budgets.
- Complexity in Governance:Private limited companies are required to follow formal corporate governance practices, which may involve complexities in decision-making and administration.
Eligibility Criteria for Private Limited Company Registration:
- Minimum Directors:A private limited company must have a minimum of two directors. At least one director must be a resident of India, i.e., a person who has stayed in India for a total period of not less than 182 days in the previous calendar year.
- Minimum Shareholders:A private limited company must have a minimum of two shareholders. The shareholders can be individuals or corporate entities.
- Capital Requirement:There is no minimum capital requirement for private limited company registration. The company can be registered with any amount of authorized and paid-up capital as decided by the promoters.
- Registered Office:The Company must have a registered office address in India. It can be a commercial or residential property, and proof of address must be submitted during registration.
- Unique Name:The proposed name of the private limited company must be unique and not similar to the name of any existing company or trademark. It should comply with the naming guidelines prescribed by the Ministry of Corporate Affairs (MCA).
- Compliance with Regulations:The Company and its directors must comply with all legal and regulatory requirements prescribed by the Companies Act, 2013, and other relevant laws.
Documents Required:
- Identity and address proof of directors and shareholders.
- Proof of registered office address.
- Memorandum of Association (MOA) and Articles of Association (AOA).
- Consent to act as directors and shareholders.
- PAN card, Aadhaar card, and passport-size photographs.
Register Your Company through our Premium Company:
At ProMunim of India, we understand the complexities involved in private limited company registration and strive to provide a hassle-free experience for our clients. Our team of experienced professionals will guide you through the entire process, from document preparation to obtaining the Certificate of Incorporation. With our premium company registration services, you can establish your private limited company with confidence and focus on growing your business.
Frequently Asked Questions
A private limited company is a type of business entity that offers limited liability to its shareholders and has a separate legal identity from its owners. It is governed by the Companies Act and can engage in various business activities.
A minimum of two directors and two shareholders are required to register a private limited company. One of the directors must be a resident of India.
No, there is no minimum capital requirement for private limited company registration. The company can be registered with any amount of authorized and paid-up capital as decided by the promoters.
The time taken to register a private limited company depends on various factors such as document preparation, verification, and processing by the authorities. Typically, it can be completed within 15-20 days.
Yes, a foreign national or Non-Resident Indian (NRI) can register a private limited company in India. However, there are certain regulatory requirements and restrictions that need to be complied with.
Yes, the name of a private limited company can be changed after registration by following the prescribed procedure and obtaining approval from the Registrar of Companies (ROC).
A private limited company is subject to corporate tax on its profits. Additionally, shareholders are liable to pay tax on any dividends received from the company.
Yes, a private limited company can be converted into a public limited company subject to certain conditions and regulatory approvals.
A Public Limited Company (PLC) is a type of business entity that offers shares to the public and is listed on recognized stock exchanges. It is governed by the Companies Act and is required to comply with stringent regulatory requirements.
Contact ProMunim Today to Ensure Financial Health and Compliance - Don't Wait!
